Lido Advisors LLC bought a new stake in shares of iShares MSCI China ETF (NASDAQ:MCHI – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 604,649 shares of the company’s stock, valued at approximately $31,557,000.
Other large investors also recently made changes to their positions in the company. HB Wealth Management LLC increased its holdings in shares of iShares MSCI China ETF by 2.9% in the 2nd quarter. HB Wealth Management LLC now owns 9,945 shares of the company’s stock valued at $507,000 after purchasing an additional 278 shares during the period. Diversify Advisory Services LLC boosted its holdings in shares of iShares MSCI China ETF by 1.5% during the third quarter. Diversify Advisory Services LLC now owns 20,692 shares of the company’s stock worth $1,070,000 after purchasing an additional 305 shares during the period. Arta Finance Wealth Management LLC boosted its holdings in shares of iShares MSCI China ETF by 10.7% during the third quarter. Arta Finance Wealth Management LLC now owns 6,697 shares of the company’s stock worth $350,000 after purchasing an additional 649 shares during the period. Simplicity Wealth LLC boosted its holdings in shares of iShares MSCI China ETF by 15.0% during the third quarter. Simplicity Wealth LLC now owns 6,251 shares of the company’s stock worth $326,000 after purchasing an additional 816 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new position in iShares MSCI China ETF during the third quarter valued at approximately $50,000.
iShares MSCI China ETF Stock Performance
Shares of MCHI opened at $51.10 on Wednesday. The company has a market capitalization of $5.73 billion, a PE ratio of 11.52 and a beta of 0.33. The company’s 50 day moving average price is $51.87 and its 200 day moving average price is $55.36. iShares MSCI China ETF has a 52 week low of $48.65 and a 52 week high of $65.37.
About iShares MSCI China ETF
iShares MSCI China ETF, formerly iShares MSCI China Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the MSCI China Index (the Underlying Index). The Fund is designed to measure the performance of the top 85% of equity securities by market capitalization in the Chinese equity markets. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.
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